We acted for Schneider Electric SAS in relation the disposal by it of shares in Conlog to JSE listed company Consolidated Infrastructure Group Limited (CIG) by way of a competitive bidding process. Schneider Electric’s Conlog business is a Durban-based developer, manufacturer and distributor of prepaid electricity meters, smart meters and related software applications. Demand for prepaid electricity is increasing exponentially, particularly across Africa. Bowmans advised on both the M&A and the Competition law aspects of the transaction.
